You can now read 10 articles in a month for free on Read as much as you want anywhere and anytime for just 99¢.

The Boston Globe


Market Movers

Lowe’s profit surges 76 percent

Lowe’s Cos.’ quarterly profit rose 76 percent as the home-improvement retailer’s revenue edged up amid efforts to revamp merchandise and pricing. Lower costs also helped. Adjusted earnings of 40 cents per share beat the 36 cents analysts predicted in a FactSet poll. Revenue rose 2 percent to $12.07 billion. Revenue at stores open at least a year rose 1.8 percent.

Loading comments...

You have reached the limit of 10 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week